Bankrupt Kitty Hawk halts scheduled services, fires 500 employees

Kitty Hawk, the Dallas/Fort Worth-based air cargo operator that specialized in expedited delivery of time-sensitive heavyweight cargo in the US, said yesterday that it "will immediately cease all scheduled network air and ground operations" owing to declining demand and rising fuel costs.
The carrier, which was attempting to restructure via Chapter 11 (ATWOnline, Oct. 16), laid off 500 workers yesterday. It said it will continue operating air cargo charter services, which previously had been ...

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